ARBUSDT (Arbitrum @Binance futures) spikes up
The thing here is, that I don't say price is going up now, BUT if it does reach ~1.205 there will be massacre!
Liquidation map shows that there is cumulatively 8M dollars of short positions about to get liguidated if price goes up. There is not enough buys on orderbook to cover those so price will spike atleast to 1.217.
There is many ways to take advantage of that spike but easiest way is to put stop-market-order to 1.205 and take profit level to 1.217. Then you can jump to moving train even if it is already going full speed.
You can check BTCUSDT too. It will do the same but in smaller scale so less % profit to take.
Liquidation map shows that there is cumulatively 8M dollars of short positions about to get liguidated if price goes up. There is not enough buys on orderbook to cover those so price will spike atleast to 1.217.
There is many ways to take advantage of that spike but easiest way is to put stop-market-order to 1.205 and take profit level to 1.217. Then you can jump to moving train even if it is already going full speed.
You can check BTCUSDT too. It will do the same but in smaller scale so less % profit to take.
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